THE KOWLOON MOTOR BUS HOLDINGS LIMITED (incorporated in Bermuda with limited liability) (Stock Code: 062) RESIGNATION OF DIRECTOR The Board of Directors (the “Board”) of The Kowloon Motor Bus Holdings Limited (the “Company”) announces that due to personal reasons, Mr. Rafael Hui, GBS, JP has resigned as Director of the Company and of its subsidiary companies, The Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited, with effect from 1 May 2005. The Board would like to take this opportunity to thank Mr. Hui for his invaluable contribution to the Company during his service with the Company. The Board is not aware of any other matters relating to the resignation of Mr. Hui that need to be brought to the attention of the shareholders of the Company. By order of the Board Lana Woo Company Secretary Hong Kong, 3 May 2005 As at the date of this announcement, the Board is comprised of The Hon. Sir Sze-yuen CHUNG, GBM, GBE, JP as Chairman and Independent Non-executive Director; Dr. Norman LEUNG Nai Pang, GBS, JP as Deputy Chairman; Dr. KUNG Ziang Mien, James, GBS, OBE (with Mr. KUNG Lin Cheng, Leo as alternate), Dr. Eric LI Ka Cheung, GBS, OBE, JP and Mr. SIU Kwing-chue, Gordon, GBS, CBE, JP as Independent Non-executive Directors; Mr. YU Shu Chuen as Honorary Executive Director; Mr. John CHAN Cho Chak, GBS, JP as Managing Director; Mr. Charles LUI Chung Yuen, M.H., Ms. Winnie NG, Mr. LUI Pochiu and Mr. Edmond HO Tat Man as Executive Directors; Mr. KWOK Ping-luen, Raymond, Mr. KWOK Ping-sheung, Walter, JP (with Ms. Susanna LAU Shung Oi as alternate), Mr. NG Siu Chan, Mr. William LOUEY Lai Kuen and Mr. George CHIEN Yuan Hwei as Directors.